-+ 0.00%
-+ 0.00%
-+ 0.00%
Government Trims Size of Contract With Tam Development to SAR12.5 Million
Share
Listen to the news
06:33 AM EDT, 09/13/2026 (MT Newswires) -- Tam Development (SASE:9570) said Sunday that the Royal Commission for Riyadh City amended its existing services contract, reducing its value to 12.5 million Saudi riyals from 20.6 million riyals. The 18-month contract was awarded to the Saudi Arabia-listed digital and advisory services company in October 2025 for the provision of community engagement advisory services for the Green Riyadh Program. The deal was amended to cancel an operational line item.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending